Thursday, December 26, 2013

Absolute Power, Absolute Nerve

"The cost of President Obama’s massive health-care law will hit
Americans in 2014 as new taxes pile up on their insurance premiums and
on their income-tax bills. Most insurers aren’t advertising the ObamaCare taxes that are added
on to premiums, opting instead to discretely pass them on to customers
while quietly lobbying lawmakers for a break. But one insurance company, Blue Cross Blue Shield of Alabama, laid
bare the taxes on its bills with a separate line item for 'Affordable
Care Act Fees and Taxes.' The new taxes on one customer’s bill added up to $23.14 a month, or
$277.68 annually, according to Kaiser Health News. It boosted the
monthly premium from $322.26 to $345.40 for that individual."